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Gold/Mining/Energy : Gasification Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Dennis Roth who wrote (837)	1/15/2008 11:23:33 AM
From: johnlw	Respond to of 1740

Alter NRG Corp (C-NRG) - News Release Alter NRG sells plasma gasification technology 2008-01-14 17:11 MT - News Release Shares issued 38,984,744 NRG Close 2008-01-11 C$ 3.48 Mr. Mark Montemurro reports ALTER NRG CORP. ANNOUNCES SALE OF PLASMA GASIFICATION TECHNOLOGY Alter NRG Corp. has completed a sale of plasma gasification technology, valued at approximately $2-million, through its wholly owned subsidiary, Westinghouse Plasma Corporation (WPC). Alter NRG has received an order from Kiplasma Industries and Trade Inc. of Istanbul, Turkey, for the supply of four Marc 3A plasma torch systems and the engineering design of the plasma gasification reactor. The equipment and design will be used to process 144 tons per day of common hazardous waste materials for the production of electricity. WPC is expecting to ship the plasma torch systems for this order in the second half of 2008 and the facility is expected to begin commercial operation in the fourth quarter of 2009. This sale represents the fifth commercial-scale plasma gasification facility using the WPC plasma gasification technology. Currently, two facilities have been operating in Japan using the WPC technology since 2002 and 2003, processing waste into power and steam. Two facilities are currently under construction in India that will process hazardous waste into power. This sale of technology, along with seven publicly announced projects using the Alter NRG/WPC technology and over 25 additional projects under development, illustrates the growing demand for plasma gasification technology. We seek Safe Harbor.

To: Dennis Roth who wrote (837)	3/13/2008 8:28:59 AM
From: Dennis Roth	Read Replies (1) \| Respond to of 1740

Alter NRG Corp. announces $40,000,000 bought deal financing newswire.ca TSXV - NRG CALGARY, March 12 /CNW/ - Alter Nrg Corp. (the "Company" or "Alter Nrg") is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the "Underwriters"), led by Raymond James Ltd. and including Wellington West Capital Markets Inc., Canaccord Adams, Paradigm Capital Inc., Blackmont Capital Inc. and Genuity Capital Markets, in connection with a "bought deal" private placement common share financing of 9,090,909 common shares at a price of $4.40 per common share for aggregate gross proceeds of approximately $40,000,000, with an over-allotment option in favour of the Underwriters to purchase up to an additional 1,363,636 common shares at a price of $4.40 per common share for a period of 30 days following closing, for further gross proceeds of approximately $6,000,000, which would increase the offering to approximately $46,000,000, if fully exercised. Net proceeds of the financing will be used for project development and general working capital purposes. Potential projects include (but are not limited to) Somerset Station Coal Retrofit, Bruderhiem IGCC development project, and the St. Lucie Waste to Energy project. Closing of this proposed financing is anticipated to occur on or about April 3, 2008 and will be conditional upon, among other things, the receipt of all necessary regulatory approvals (including from the TSX Venture Exchange). The common shares issued under the offering shall be subject to a four-month hold period from the closing date in all offering jurisdictions. ABOUT ALTER NRG Alter Nrg is pursuing alternative energy solutions to meet the growing demand for environmentally responsible energy in world markets. The Company's vision is to become a North American leader in the development of environmentally sustainable and economically viable gasification projects for the commercial production of energy. The Company's objective for the next decade is to become a senior energy producer of hydrogen, syngas, and transportation fuels such as biodegradable sulfur-free diesel, ethanol, steam and electricity, all of which are fundamental products for the world's growing energy needs. [snip]